The pair Bitcoin/Tether (BTC/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 71321 will continue.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 71684.39024 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 71321 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 73558.15 |
| 2nd High | 71777 |
| Next High | 71321 |
| Current Price | 70381.160000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
71321 – 71777 – 68200 – 69205.91 – 68977.91 – 69266.06 —
69865.980000000 – 70660.690000000 —
48.501346564979 – 43.425618045916 —
– —
71321 – 1773248400
Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Northern Doji – – –